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November 8, 2023
IDENTOS Inc., today, announced it ranked #454 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year. IDENTOS grew 266% during this period.
IDENTOS’ CEO, Mike Cook, credits the company’s agility and the increasing demand for better access and stronger data security across various industries. The need to safely accelerate digital services and deal with fragmentation of IT within digital ecosystems have also been key factors contributing to the company’s revenue growth. He said:
"From the outset, our mission has been to deliver access control software that enables digital trust for the ecosystem that is standards based and scalable. We've been successful at bringing this mission to market with digital solutions that solve for the complexity of today’s digital journeys with safety, security and privacy in mind. Through collaborations with global industry and standards bodies such as DIACC, Digital Governance Council and Kantara Initiative, we have propelled our vision with partners and customers who share in the vision of a rising tide with which the industry and community can benefit. We're excited to be included in Deloitte’s Fast 500 list and harness this momentum as we persist in our mission."
– Mike Cook, CEO, IDENTOS
“Each year we look forward to reviewing the progress and innovations of our Technology Fast 500 winners. This year is especially celebratory as we expand the number of winners to better represent just how many companies are developing new ideas to progress our society and the world, especially during a slow economy,” said Paul Silverglate, vice chair, Deloitte LLP and U.S. technology sector leader. “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark. Congratulations to all the winners who show us how creativity, hard work and perseverance can lead to success.”
“As for growing companies, it’s always rewarding to be recognized for the ongoing commitment it takes to navigate obstacles, transform when necessary and ultimately create a thriving business,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract. We are proud of all the winners for achieving this well-deserved honor.”
About the 2023 Deloitte Technology Fast 500
Now in its 29th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2019 to 2022.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
(source: Deloitte)